CostIndexUSA

Bridgeport, CT vs Springfield, IL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CT
Bridgeport
106.9
overall index
$2,725/mo rent
More AffordableIL
Springfield
92.7
overall index
$1,150/mo rent

Springfield is moderately cheaper than Bridgeport — 13.3% lower overall cost of living.

To match an $80,000 salary in Bridgeport, you would need $69,400 in Springfield. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing52.4%
Bridgeport
150.5
Springfield
71.6
🛒 Groceries3.8%
Bridgeport
97.3
Springfield
93.6
🚗 Transportation3.0%
Bridgeport
107.8
Springfield
104.6
🏥 Healthcare3.0%
Bridgeport
97.5
Springfield
94.6
Utilities38.5%
Bridgeport
147.1
Springfield
90.4

Salary Equivalency Calculator

Enter your current salary in Bridgeport to see what you'd need to earn in Springfield to maintain the same purchasing power.

$
Equivalent salary in Springfield, IL
$69,400
$10,600 less needed in Springfield

Formula: salary × (92.7 ÷ 106.9) = salary × 0.8672. Based on BEA Regional Price Parities.

Housing Market

Bridgeport, CT

Median Home Price
$652,000
Median Monthly Rent
$2,725
Housing Index
150.5
Price-to-Rent Ratio
19.9×

Springfield, IL

Median Home Price
$188,000
Median Monthly Rent
$1,150
Housing Index
71.6
Price-to-Rent Ratio
13.6×

Bridgeport has 52.4% lower housing costs compared to Springfield.

Income & Job Market

Bridgeport, CT

Median Household Income
$111,100
Per Capita Income
$63,300
Unemployment Rate
5.1%
Population
145,936
Top Industries
FinanceHealthcareManufacturingTechnologyEducation

Springfield, IL

Median Household Income
$72,200
Per Capita Income
$41,200
Unemployment Rate
4.4%
Population
114,230
Top Industries
GovernmentHealthcareEducationFinanceRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Bridgeport, CT
3.4×income-to-rent ratio

71% of income left after rent (median)

Springfield, IL
5.2×income-to-rent ratio

81% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.